Steffen Gemuenden, CEO, RTS Realtime Systems Group
"We're committed to supporting CME Group's new venture in Europe as we have long supported access to its exchanges in the U.S."
London - RTS Realtime Systems, the
trading solutions provider, has announced that the firm will
offer immediate access to CME Europe Ltd. upon the exchange's
launch this Sunday. CME Europe is a wholly owned subsidiary of
CME Group, which last month received UK regulatory approval to
launch the new London-based derivatives exchange.
Alexander Kranz, RTS Managing Director, Europe, said: "We're very pleased to provide connectivity right away to CME's new derivatives exchange in Europe, offering immediate access to not only commodity contracts such as biodiesel futures, but a full suite of foreign exchange (FX) products. Our clients can leverage our platforms and UK data centre to trade these exchange-listed contracts in concert with non-deliverable forwards and cash FX offerings in our network."
RTS CEO Steffen Gemuenden said: "We're committed to supporting CME Group's new venture in Europe as we have long supported access to its exchanges in the U.S. We believe there is good demand among our global client base for a new derivatives exchange, regulated and cleared in Europe, that offers compelling products, as well as interesting opportunities for spreading and arbitrage."